Safe Harbor

A legal provision used to reduce regulatory burdens and/or legal liability provided that specific conditions have been fulfilled.

An accounting method that avoids adverse legal or tax consequences by providing a legal, simpler method for determining taxes than those (presented in more complex ways) precisely laid out within a tax code.

A specific poison pill strategy used by companies in an effort to insulate themselves from hostile takeover attacks. By acquiring an additional company that is heavily regulated, the company initiating the strategy makes a takeover seem less attractive.